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H.I.G. Bayside Loan Opportunity Fund II LP Closes At $1.1 Billion

H.I.G. Bayside Capital closed H.I.G. Bayside Loan Opportunity Fund II LP, a special situation loan fund focused on distressed transactions, with $1.1 billion in commitments. The target was $1 billion.

Actis LLP Buys Vlisco Group From Gamma Holding NV For $151 Million

London-based private equity investor Actis LLP acquired Vlisco Group for $151 million. Vlisco designs, makes and distributes 51 million yards of branded fabric a year for consumption primarily in West and Central Africa. The seller was Gamma Holding NV.

Evolution Capital Partners Sells Innerpac Inc.

Evolution Capital Partners LLC sold Innerpac Inc. to a strategic buyer. Innerpac is a Cicero, Ill-based maker of corrugated and chipboard partitions. Evolution Capital added the business to its portfolio in November 2006.

Investcorp and Harvest Partners Selling Associated Materials To Hellman & Friedman For $1.3B

Associated Materials LLC signed an agreement to be acquired by affiliates of Hellman & Friedman LLC for about $1.3 billion. Associated Materials is majority owned by affiliates of Investcorp and Harvest Partners. It makes exterior residential building products. The deal is expected to close in the fourth quarter.

Freeman & Co. LLC Names James Murray As A Managing Director

Freeman & Co. LLC hired James Murray as a managing director in its New York office to expand its coverage in specialty finance and related areas. Murray’s investment banking experience spans 25 years. He has worked as a managing director at PaineWebber, as group head of North American corporate finance at Fox-Pitt Kelton and as group head of financial institutions at Houlihan Lokey.

Catterton Partners Buys Controlling Interest In Alasko Foods

Catterton Partners acquired a controlling stake in Alasko Foods Inc., a Montreal, Canada-based marketer of frozen fruits and vegetables. Financial terms were not disclosed.

Starwood Capital Group Aaffiliate Sells Hotel Lutetia To Alrov

Starwood Capital Group’s Groupe du Louvre affiliate sold Hotel Lutetia to Alrov. Financial terms were not disclosed. Hotel Lutetia is a 231-room property in the Saint-Germain-des-Pres neighborhood of Paris, France.

Kramer Levin Naftalis & Frankel Hires James Moriarty and Russell Pinilis As Partners

Kramer Levin Naftalis & Frankel LLP hires James J. Moriarty and Russell J. Pinilis as partners in the firm’s New York office. The additions expand the firm’s private equity practice Moriarty and Pinilis were previously partners at O'Melveny & Myers.

Graphite Capital In Separate Talks To Sell Micheldever, To Buy U-Pol

TowerBrook, Gala Capital Mulling An IPO for Shoe Designer Jimmy Choo: Report